Posts filtered by tags: Funding[x]


 

UBS investment makes Byju’s the most valuable startup in India

Edtech giant Byju’s has become the most valuable startup in India after raising about $350 million in a new tranche of investment from UBS Group and Zoom founder Eric Yuan, Blackstone and others that valued the Bangalore-based firm at $16.5 billion (post-money). In a new filing, Byju’s revealed that scores of investors including Abu Dhabi government fund ADQ and Phoenix Rising had together invested about $350 million in the startup. The new valuation helps Byju’s surpass Paytm, which was last va...
Tags: Asia, Education, India, Funding, Tech, Ubs, Abu Dhabi, Bangalore, Paytm, UBS Group, Byju, Phoenix Rising, B Capital Group, Byju's, Eric Yuan Blackstone


Temasek and General Atlantic in talks to back Indian neobank Open

Bangalore-based neobank Open is in advanced stages of talks to raise about $100 million, according to two sources familiar with the matter. Temasek, the Singaporean government’s sovereign wealth fund, and General Atlantic are positioning to co-lead the Series C financing round, which values the Indian startup at pre-money $600 million, the sources told TechCrunch, requesting anonymity as the matter is private. Open was valued at about $150 million in its Series B funding round two years ago. Exi...
Tags: Google, Amazon, Asia, India, Funding, Tech, Bank Of America, Paypal, Atlantic, Tiger Global, Fintech, General Atlantic, Temasek, Open, Economic Times, HDFC Bank


Fresha raises $100M for its beauty and wellness booking platform and marketplace

Beauty and wellness businesses have come roaring back to life with the decline of Covid-19 restrictions, and a startup that’s built a platform that caters to the many needs of small enterprises in the industry today is announcing a big round of funding to grow with them. Fresha — a multipurpose commerce tool for independent wellness and beauty businesses such as hair, nail and skin salons, yoga instructors and more, based first and foremost around a completely free platform for those businesses ...
Tags: Health, Wellness, TC, Ecommerce, Europe, London, Marketplace, Funding, Tech, Paypal, Atlantic, Beauty, Alibaba, Square, General Atlantic, Lightspeed Pos


Tiger Global in talks to invest in Classplus at over $250 million valuation

Tiger Global is in talks to lead a $30 million round in Indian edtech startup Classplus, according to sources familiar with the matter. The new round, which includes both primary investment and secondary transactions, values the five-year-old Indian startup at over $250 million, two sources told TechCrunch. The new round follows another ~$30 million investment that was led by GSV recently, one of the sources said. The round hasn’t closed, so terms may change. Classplus — which has built a Shop...
Tags: Apps, Asia, Education, India, Funding, Tech, Tiger Global, Blume, AWI, Sourav Ganguly, GSV, Falcon Edge, RTP Global, Classplus, Mukul Rustagi, Rustagi


SoftBank, Uber, Tencent set to reap rewards from Didi IPO

After years of speculation, Didi Chuxing, China’s ride-sharing behemoth, finally unveiled its IPO filing for the U.S., giving a glimpse into its money-losing history. Didi didn’t disclose the size of its raise. Reuters reported the company could raise around $10 billion at a valuation of close to $100 billion. Cheng Wei, Didi’s 38-year-old founder owns 7% of the company’s shares and controls 15.4% of its voting power before the IPO, according to the prospectus. Major shareholder SoftBank Vision ...
Tags: Transportation, Uber, Asia, China, Softbank, Funding, Tech, Automation, Transport, Tencent, Brazil, Robotics, Carsharing, Reuters, Robotaxi, Didi


Atomic-backed Jumpcut uses data to advance diversity in film

Jumpcut founder Kartik Hosanagar is a professor at the Wharton School, but about ten years ago, he spent his summer in an unlikely way: he wrote a screenplay. Set in India, his script garnered some interest from producers, but no one took the plunge to fund a film by a first-time Indian director. Now, films featuring diverse casts are gaining traction – this year, Chloé Zhao became the first woman of color, and only the second woman ever, to win the Academy Award for Best Director. At the previo...
Tags: Startups, TC, Chuck, Hollywood, Media, Buzzfeed, Youtube, India, Funding, Disney, Tech, Artificial Intelligence, Netflix, Asia Pacific, Sony, Cbs


What SOSV’s Climate Tech 100 tells founders about investors in the space

Benjamin Joffe Contributor Share on Twitter Benjamin Joffe is a partner at SOSV. More posts by this contributor 10 key lessons about tech mergers and acquisitions from Cisco’s John Chambers What every startup founder should know about exits Meghan Hind Contributor Share on Twitter Meghan Hind is an operations analyst...
Tags: Energy, Startups, Column, Funding, Tech, Cisco, Venture Capital, GreenTech, SOSV, John Chambers, Benjamin Joffe, Climate Tech, EC Column, EC Food Climate and Sustainability, Sosv Climate Tech 100, Meghan Hind


TestBox launches with $2.7M seed to make it easier to test software before buying

When companies are considering buying a particular software service, they typically want to test it in their own environments, a process that can be surprisingly challenging. TestBox, a new startup, wants to change that by providing a fully working package with pre-populated data to give the team a way to test and collaborate on the product before making a buying decision. Today the company announced it was making the product widely available and a $2.7 million seed round from SignalFire and Fir...
Tags: Startups, Enterprise, Funding, Tech, Holland, Software Testing, Bain, Peter Holland, SignalFire, GPT, Firstminute Capital, Recent Funding, TestBox, Sam Senior, Zendesk Hubspot, CRM Martech


Can payday loans be made obsolete? With $15M more, Clair wants to find out

The world seems to move faster every year, and yet, nothing feels slower than the speed by which paychecks get distributed. In the United States, work conducted the day after a pay period will take two weeks just to process, with a check or direct deposit coming another week or two later. For the tens of millions of employees who live paycheck-to-paycheck, that multi-week delay can be the difference of making a rent check — or not. A variety of startups have approached this problem with differen...
Tags: Fundings & Exits, Startups, Uber, Europe, New York, Finance, China, Funding, New York City, Tech, Walmart, Dave, Harvard, Brooklyn, United States, Brazil


Slintel scores $20M Series A as buyer intelligence tool gains traction

One clear outcome of the pandemic was pushing more people to do their shopping online, and that was as true for B2B as it was for B2C. Knowing which of your B2B customers are most likely to convert puts any sales team ahead of the game. Slintel, a startup providing that kind of data, announced a $20 million Series A today. The company has attracted some big-name investors with GGV leading the round and Accel, Sequoia and Stellaris also participating. The investment brings the total raised to ove...
Tags: Startups, TC, Enterprise, India, Funding, Sales, Artificial Intelligence, B2b, Stellaris, GGV, Recent Funding, Accel Sequoia, Slintel, Deepak Anchala, Anchala


Punchbowl nabs $5M investment, acquires VidHug to add video to party planning platform

When the pandemic hit last year, Punchbowl, an online party planning service was left in the lurch with gatherings all but shut down, but instead of lamenting the situation, founder and CEO Matt Douglas went to work to rethink the company’s approach. He started by expanding the company’s online greeting card business, which until that point had been a small part of the revenue mix. Then he began talking to investors about a cash influx with an eye toward adding video to the platform. That all cu...
Tags: Startups, Video, Funding, Tech, M&a, Mergers and Acquisitions, Douglas, Punchbowl, Party City, Party Planning, Matt Douglas, Qeepsake, Recent Funding, SG Credit Partners Douglas, VidHug


AI startup Eightfold valued at $2.1B in SoftBank-led $220M funding

Eightfold AI, a startup which uses deep learning and artificial intelligence to help companies find, recruit and retain workers, said on Thursday it has raised $220 million in a new round as it looks to accelerate its growth. SoftBank Vision Fund 2 led the Series E round of the five-year-old startup, which is now valued at $2.1 billion, up from $1 billion in Series E last October, Eightfold AI founder and chief executive Ashutosh Garg told TechCrunch in an interview. Existing investors General C...
Tags: Softbank, Funding, Tech, SaaS, IVP, Lightspeed Venture Partners, General Catalyst, Foundation Capital, Garg, SoftBank Vision Fund, SoftBank Investment Advisers, Ashutosh Garg, SoftBank Vision Fund 2, Capital One Ventures, Google Garg


How to start a company in 4 days

Yin Wu Contributor Share on Twitter Yin Wu, a three-time YC alum, is founder of Pulley, which offers cap table management tools that help companies better understand and optimize their equity. Running a startup can be a complicated, difficult process fraught with pitfalls and ample opportunities to make mistakes. But the logistics of setting up a startup should be simple, because over the long run, complicated equity setups an...
Tags: Startups, Column, Entrepreneurship, Funding, Tech, Venture Capital, Business Incubators, Pulley, Cap Table, Stripe Atlas, Yin Wu, Fundraising Tactics, EC Column, EC How To, Delaware C Corporations, Clerky Post


Stacey Abrams co-founded fintech company Now raises $9.5M

After co-founding Insomnia Consulting, Stacey Abrams and Lara O’Connor Hodgson started Nourish to address a personal problem. “We were at a meeting, I think for one of my campaigns,” explains Abrams, the Georgia-based lawyer and politician whose voting rights work became a focal point for the country in 2020. “[O’Connor Hodgson] needed to put together a baby bottle and had to trust the waiter to take the bottle back and wash it. She said, ‘I just wish there was a Dasani for babies.’ ” Ultimatel...
Tags: Startups, Finance, Funding, Tech, Georgia, American Express, Abrams, Now, Invoicing, Stacey Abrams, Virgo Investment Group, Recent Funding, Lara O'Connor Hodgson, O'Connor Hodgson, Cresset Capital Partners


Branch raises $50M to offer bundled auto & home insurance via an API

Branch Insurance, a startup offering bundled home and auto insurance, has raised $50 million in a Series B funding round led by Anthemis Group. Acrew, Cherry Creek Holdings and existing backers Greycroft, HSCM Bermuda, American Family Ventures, SignalFire, SCOR P&C Ventures, Foundation Capital and Tower IV also participated in the round. With this latest financing, Columbus, Ohio-based Branch has raised $82.5 million in total funding since its 2017 inception. With so many players in the insurtec...
Tags: Fundings & Exits, Startups, TC, Car Insurance, Finance, Funding, Startup, Insurance, Tech, United States, Venture Capital, Ohio, Columbus, Allstate, Branch, Foundation Capital


Aserto announces $5.1M seed to build authorization as a service

Aserto, a new startup from a couple of tech industry vets who want to build an Authorization as a Service solution, announced a $5.1 million seed round today from Costanoa Ventures, Heavybit Industries and several industry luminaries. The company’s two founders, Omri Gazitt, CEO and Gert Drapers, CTO, have decades of experience building some of the industry’s identity building blocks including SAML, OAuth 2.0 and OpenID. As the two founders considered what to do next last year, they felt that au...
Tags: Security, Startups, TC, Developer, Funding, Tech, Service, Gm, Seattle, HashiCorp, Cto, Gitlab, Casey, Draper, Oso, Gert


ChartHop raises $35M for its internal org chart and people analytics platform

Human resources is generally a salient cornerstone of any organization, but digitization has democratized a lot of the work that goes into HR, and that’s meant more people in businesses interested in, and using, the kind of data that HR people build and typically manage. Today, a startup called ChartHop that’s built a platform to cater to that trend is announcing $35 million in funding on the heels of strong growth. The Series B is being led by Andreessen Horowitz, a past backer, with Elad Gil a...
Tags: TC, New York, Enterprise, Labor, Funding, Tech, HR, Andreessen Horowitz, Human Resources, White, Cowboy Ventures, Ian, Ian White, People Management, Personnel, Elad Gil


European neobroker Scalable Capital raises $180M+ at a $1.4B valuation

Neobrokers — startups that are disrupting the investment industry by providing a platform for a wider range of consumers to partake in the stock market by offering them more incremental investment options and modern and easy mobile-based interfaces to manage their money — continue to see a huge amount of interest, and today comes the latest development in that story. Scalable Capital, a Munich/Berlin startup that provides tools to monitor and manage portfolios for those investing in shares, mana...
Tags: Europe, UK, Greece, Finance, China, Germany, Funding, Tech, Vienna, Amsterdam, Tencent, Brazil, Fintech, Nubank, Austria Germany, ING


Refyne raises $20.1 million to help workers in India get faster access to wages

A young Indian startup that is betting that earned wage access solutions will take off in the South Asian nation said on Wednesday it has closed a new round from high-profile investors. Bangalore-based Refyne said on Wednesday that it has raised $16 million in Series A from partners of DST Global and RTP Global. The one-year-old startup also disclosed that it raised a $4.1 million seed round in December from Jigsaw VC and QED Investors and XYZ Capital, all of whom also participated in the new ro...
Tags: Asia, Finance, India, Funding, Tech, DST Global, QED Investors, Bangalore, McDonald, South Asian, Sharma, Nigel Morris, Refyne, RTP Global, Earned Wage Access, Chitresh Sharma


ISEE brings autonomy to shipping yards with self-driving container trucks

Robotaxis may still be a few years out, but there are other industries that can be transformed by autonomous vehicles as they are today. MIT spin-off ISEE has identified one in the common shipping yard, where containers are sorted and stored — today by a dwindling supply of human drivers, but tomorrow perhaps by the company’s purpose-built robotic yard truck. With new funding and partnerships with major shippers, the company may be about to go big. Shipping yards are the buffer zone of the logis...
Tags: Fundings & Exits, Startups, TC, Transportation, Hardware, Funding, Tech, Mit, Artificial Intelligence, Automotive, Shipping, Autonomous Vehicles, Self-driving Cars, North America, Robotics, Logistics


ISEE brings autonomy to shipping hubs with self-driving yard trucks

Robotaxis may still be a few years out, but there are other industries that can be transformed by autonomous vehicles as they are today. MIT spin-off ISEE has identified one in the common shipping yard, where containers are sorted and stored — today by a dwindling supply of human drivers, but tomorrow perhaps by the company’s purpose-built robotic yard truck. With new funding and partnerships with major shippers, the company may be about to go big. Shipping yards are the buffer zone of the logis...
Tags: Fundings & Exits, Startups, TC, Transportation, Hardware, Funding, Tech, Mit, Artificial Intelligence, Automotive, Shipping, Autonomous Vehicles, Self-driving Cars, North America, Robotics, Logistics


Whatfix nabs $90M to help workers onboard and get the most out of their IT stacks

“Digital transformation” has been on the mind of many an organization in the last year: the pandemic and the shift it’s brought to how we work are speeding up investments in new apps, infrastructure and work practices to improve productivity regardless of where we sit all day. Now, it looks like we’re on to the next stage of that journey: actually figuring out how to adopt and run with all that new tech. In a sign of the times, today a startup called Whatfix — which has built a platform that hel...
Tags: Europe, Enterprise, Softbank, Funding, Digital, Tech, Artificial Intelligence, San Jose, Bangalore, Digital Assistants, Cisco Investments, Kumar, Bausch Lomb, Chatbots, SoftBank Investment Advisers, WhatFix


Relativity Space launches its valuation to $4.2B with $650M in new funding

3D-printed rocket startup Relativity Space has raised a $650 million Series E, bringing its total raised to over $1.2 billion. Relativity’s post-money valuation now stands at $4.2 billion, a source familiar with the matter told TechCrunch. The round was led by Fidelity Management & Research Company, with participation from new investors with funds and accounts managed by BlackRock, Centricus, Coatue, and Soroban Capital, and participation from existing investors Baillie Gifford, K5 Global, Tiger...
Tags: Startups, TC, Transportation, Space, Spacex, Funding, Nasa, 3d Printing, Commercial Spaceflight, Rocket, Relativity, Leo, Mars, Jared Leto, Falcon, Baillie Gifford


Nuggs creator Simulate raises $50M

New York-based Simulate today announced a $50 million fundraise. Led by Alexis Ohanian’s 776, the Series B brings the meat alternative’s total funding to north of $60 million and values it at $260 million. Simulate’s first product, Nuggs (formerly also the startup’s name), has already caused a splash, thanks in no small part to aggressive online advertising. The company notes a massive push in retail availability in the last six months. The chicken nugget alternative was available direct to cons...
Tags: Food, Startups, New York, Funding, Tech, Canada, Alexis Ohanian, Cto, Pasternak, Walmart Sam, Recent Funding, Meat Alternative, Ben Pasternak, Nuggs, 776, Simulate


Chinese lidar maker Hesai lands $300M led by Hillhouse, Xiaomi, Meituan

The rush to back lidar companies continues as more automakers and robotaxi startups include the remote sensing method in their vehicles. Latest to the investment boom is Hesai, a Shanghai-based lidar maker founded in 2014 with an office in Palo Alto. The company just raised over $300 million in a Series D funding round led by GL Ventures, the venture capital arm of storied private equity firm Hillhouse Capital, smartphone maker Xiaomi, on-demand services giant Meituan and CPE, the private equity...
Tags: Transportation, Asia, California, China, Germany, Funding, Tech, Palo Alto, Automotive, Shanghai, Xiaomi, Venture Capital, Baidu, Lidar, Lightspeed, Temasek


Tiger Global leads $30M investment into Briq, a fintech for the construction industry

Briq , which has developed a fintech platform used by the construction industry,  has raised $30 million dollars in a Series B funding round led by Tiger Global Management. The financing is among the largest Series B fundraises by a construction software startup, according to the company, and brings Briq’s total raised to $43 million since its January 2018 inception. Existing backers Eniac Ventures and Blackhorn Ventures also participated in the round. Briq CEO and co-founder Bassem ...
Tags: Fundings & Exits, Startups, California, Finance, Funding, Articles, Tech, Economy, SaaS, Venture Capital, Construction, North America, Fintech, Tiger Global Management, Executive, Plangrid


Mendel raises $18M to tease out data structure from medicine’s disparate document trove

The medical industry is sitting on a huge trove of data, but in many cases it can be a challenge to realize the value of it because that data is unstructured and in disparate places. Today, a startup called Mendel, which has built an AI platform both to ingest and bring order to that body of information, is announcing $18 million in funding to continue its growth and to build out what it describes as a “clinical data marketplace” for people not just to organize, but also to share and exchange th...
Tags: Health, Google, Doctor, Fundings & Exits, Startups, Europe, Funding, Tech, Artificial Intelligence, San Jose CA, Cairo Egypt, RWE, Mendel, Mark Goldstein, GALI, Eigen


Indian giant Tata Digital to invest $75 million in fitness startup CureFit

Tata Digital, a subsidiary of Indian conglomerate Tata Sons, said on Monday it has signed a deal to invest up to $75 million in fitness startup CureFit. As part of the deal, CureFit co-founder and chief executive Mukesh Bansal will join Tata Digital as President and also continue in his role at the Bangalore-headquartered startup. Monday’s investment is the salt-to-steel giant’s latest effort to expand its presence in the consumer tech space. Earlier this year, Tata Group acquired majority stake...
Tags: Health, Startups, India, Funding, Flipkart, Bangalore, App Annie, Tracxn, Tata Group, Myntra, Bansal, Mukesh Bansal, Tata Sons, CureFit, Tata Digital, TechCrunch Joining Tata Digital


Tata Digital to invest $75 million in CureFit

Tata Digital, a subsidiary of Indian conglomerate Tata Group, said on Monday it has signed a deal to invest up to $75 million in fitness startup CureFit. As part of the deal, CureFit co-founder and chief executive Mukesh Bansal will join Tata Digital as President and continue in his role at the Bangalore-headquartered startup. Monday’s investment is the salt-to-steel giant’s latest effort to expand its presence in the consumer tech space. Earlier this year, Tata Group acquired majority stakes in...
Tags: Funding, Tech, Bangalore, Tata Group, Bansal, Mukesh Bansal, India Being, Tata Digital, Tracxn Joining Tata Digital


Want to Start a Business but Don’t Have Enough Money?

Startup entrepreneurs of often let a lack of money hold them back. Today, we’ll share 3 ways to get started when you don’t have enough money. Click the player to listen to this episode of The BIGG Success Show Podcast. Below is a summary of our discussion. As entrepreneurs, we often let ourselves be held […] The post Want to Start a Business but Don’t Have Enough Money? appeared first on Bigg Success. [click the title link above to read our full post]
Tags: Business, Podcast, Money, Saving Money, Entrepreneurship, Funding, Careers, Entrepreneur, Startup, Risk, Costs, Angel Investors, Business Development, Bigg Success, George Krueger, Mary-lynn Foster